Travel and tourism companies were among those leading local gainers.
Australia and China have completed free-trade agreement negotiations, in a deal which Australian government sources say secures better access for the country's dairy exports than NZ's.
Global growth is now increasingly uneven between countries.
Everything about this deal ratified by the Overseas Investment Office is confidential
Now, Mr Cosgrove could be said to be a bit of a cowboy, if one were not wary of committing a defamatory slur on the characters portrayed in the High Chaparral, Blazing Saddles and Brokeback Mountain